Australia's competition watchdog has approved the state budget rival Tiger Airways Australia's second largest airline Virgin Australia to take over.
Australian Competition and Consumer Commission said on Tuesday that it will not oppose the transaction, because it is unlikely to significantly reduce competition in the domestic aviation market.
The Tiger 35 billion Australian dollars (about $ 360,000) 60% stake Offer still requires approval from Australia's Foreign Investment Review Board.
ACCC chairman Rod Sims said in a statement, Virgin Australia transformed into an effective competitor, competitors low-cost carriers Jetstar, Australia's largest airline, Qantas Airways, a subsidiary of the Australian Tiger You can goal.
 



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